GWB - Great Western Bancorp Offering Decent Dividend Yield With Price Upside
Great Western Bancorp's (GWB) earnings rebounded in the last quarter as the company's provisions charge for loan losses normalized. Lower provisions charge, along with loan growth, is expected to continue to drive earnings in FY20.
Management Anticipates Resolution of Agricultural Credit Issues by Mid 2020
Due to improvements in milk price, the management expects some improvement in dairy related non-performing loans. Some farmers have also started self-liquidating or refinancing at lower rates elsewhere, which will further ease credit losses going forward. As mentioned in the last quarter conference call, the management expects